Richard Liu Qiangdong’s Vision for the JD.com E-commerce platform

It took a SARS outbreak threat to the staff of Richard Liu’s business establishment for an online business giant to be born. Initially selling computer spare parts from a physical location, the possibility of subsequent closure of the stores guided the shift in the routine conduct of business. The managements way of solving the SARS threat giving rise to an idea that would become the cornerstone of the modern online shop.

The decision to move away from physical stores to online platforms is today hailed as the difference maker, with JD.com moving to become an e-commerce venture with sales worldwide. Currently, JD.com is the largest e-commerce company in China with a $57.6 billion net worth. It has consequently been able to attract investors, with other related businesses like Walmart and Tencent buying shares in the company.

Richard Liu credits the growth of e-commerce as the precursor for logistical efficiencies and unrivaled customer service practices. He states superior quality and variety of products as the greatest plus JD.com has over competitors, and this makes it better placed than other companies in the same industry. Further noting the widespread price cheating by competitors in the industry as a source of concern for customers, leading them to make JD.com a standout company of choice.

JD.com under Richard Liu has continued to make gains in the market, best illustrated by the variety of products and outreach range of the online shop. In recent years, more investments have been made to expand. Coupled with logistical and technological adoptions aiming at making JD.com a multinational global leader in e-commerce. Among the fastest moving products, that are contributing substantial interests in e-commerce are consumer goods, food, and fashion items.

With over 1 billion products available to choose from on the JD.com online store, the customer is well covered. Richard Liu has prioritized shortening holding time of goods, leading to efficiencies in overhead costs. Projected plans in the coming five years show JD.com seeks to improve on the holding time efficiencies steadily. This proficiency will lead to a holding time of goods of less than 20 days, while at the same time enable the e-commerce platform to add to the range of products available to the customers.

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Shervin Pishevar: Twitter Rant That Everyone Needs To Know About

Shervin Pishevar is the kind of person who is not afraid to say what he thinks, particularly when he is on Twitter. He always tries to give people something to talk about and think about. He tends to tweet about economic topics, so you might think that he would not have a lot that would be all that interesting to read about, but that is actually not the case at all. He does frequently tweet about things that are of interest to a lot of the public. Shervin Pishevar just went on a twenty-one hour long tweet storm in which he told his followers so many of his thoughts about the economy.

The main points that Shervin Pishevar wanted to get across to people are that the stock market and things like Bitcoin are too highly valued at the moment, and that he believes that most people would be best served to avoid these types of investments and instead go with something more practical. For the time being he believes that the more practical solution is to invest in things that are more defensive by nature.

Shervin Pishevar has made a lot of money for himself by investing in Uber in the early days of the company. He believed that it was something that could have the potential to have a lot of growth in its future. He thought that the best way to make some money for himself in the process was to invest in that vision.

At the present time, Shervin Pishevar is sharing his wealth of knowledge with those on Twitter who are willing to hear him out. He wants them to know that he has their best interests at heart when he tries to tell them what he sees happening in the economy going forward. Right now his outlook is not too bright. You might want to listen to what Shervin Pishevar has to say if you think that he has been right about things in the past and might be in the future as well. He just might have the advice that you need to do better in the markets than you were ever able to in the past.

https://innovators.berkeley.edu/article/fireside-chat-uber-vc-shervin-pishevar-98